WorkCover not to pay premiums for certain liabilities of WorkCover officers
420 WorkCover not to pay premiums for certain liabilities of WorkCover officers
WorkCover must not pay, or agree to pay, a premium in relation to a contract insuring a person who is or has been a WorkCover officer against a liability—
incurred by the person as an officer; and
arising out of conduct involving—
a wilful breach of duty in relation to WorkCover; or
without limiting subparagraph (i), a contravention of section 417(3) or (4).
Subsection (1) does not apply to a liability for costs and expenses incurred by a person in defending proceedings, whether civil or criminal, and whatever their outcome.
An instrument is void so far as it insures a person against a liability in contravention of subsection (1).
In this section—
pay includes pay indirectly through 1 or more interposed entities.
WorkCover officer means—
a WorkCover director; or
WorkCover’s chief executive officer; or
another person who is concerned, or takes part, in WorkCover’s management.
This Act’s bill:Explanatory memorandum
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